Filed November 21, 2023
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $56,611 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,402 | $53,136-18.3% | $155,509-72.1% | $199,593-78.3% |
| Participation rate | 45.6% | 64.1%-18.5pp | 78.2%-32.6pp | 72.0%-26.4pp |
| Annual return | 14.11% | 41.15%-27.0pp | 64.67%-50.6pp | 34.25%-20.1pp |
| Employer contribution / active EE | $714 | $1,851-61.4% | $4,672-84.7% | $3,034-76.5% |
| Participant deferral / active EE | $2,366 | $3,161-25.2% | $5,626-58.0% | $5,087-53.5% |
| Admin fee / account holder | $93 | $185-50.0% | $15,912-99.4% | $269-65.5% |